Bay Capital (LON:BAY) Reaches New 1-Year High – Still a Buy?

Shares of Bay Capital Plc (LON:BAY) hit a new 52-week high during trading on Monday . The company traded as high as GBX 7.50 and last traded at GBX 7.49, with a volume of 3785036 shares changing hands. The stock had previously closed at GBX 7.

Bay Capital Stock Performance

The business has a 50-day moving average price of GBX 5.83 and a 200 day moving average price of GBX 5.58. The stock has a market capitalization of £5.24 million, a P/E ratio of -12.69 and a beta of -0.64.

About Bay Capital

Bay Capital Plc (LSE: BAY) was established in order to undertake one or more investment or acquisition opportunities of businesses operating within the UK or internationally where the Directors believe there to be opportunities for the creation of shareholder value across certain sectors of focus including industrials, construction and business services, and software and technology companies which service those industry verticals.

Bay Capital Plc is led by Peter Tom CBE as Chairman and David Williams as Director.